KLSE (MYR): MAGNI (7087)
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Last Price
2.45
Today's Change
-0.05 (2.00%)
Day's Change
2.45 - 2.50
Trading Volume
188,000
Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
In the money
@observatory - thanks for your input. I checked the document you mentioned, and googled for the difference between the two items, and this is what got:
Sundry Receivables
Definition: Small, miscellaneous amounts owed to the company by various parties for different reasons.
Examples: Refunds, small debts, reimbursements, etc.
Prepayments
Definition: Amounts paid in advance for goods or services that the company will receive in the future.
Examples: Advance payments for goods, services, rent, insurance, etc.
Anyway, in the latest Q, the receivables have reduced to RM123.5 mil from RM151.4 mil a year ago. So, this is no longer a concern.
2024-06-26 10:37
Nike share price drop 20% following disappointing sales forecast. Hold tight.
2024-06-30 00:18
MAGNI-Tech on the rise, is a Major Breakout Brewing?
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-04-story-h468200693-MAGNI_Tech_on_the_rise_is_a_Major_Breakout_Brewing
2024-09-04 10:21
Public bank gives target $3.26!
The excellent QR+5c dividend shall push it to $3.26 by this Friday.
2024-09-04 17:06
Kyy maybe already bought.
once high high then he will write Buy Call in i3
then u follow u die
2024-09-05 07:53
Uncle YY so pro this round bought MAGNI..
This stock is AA stock..
Nothing to critic from cash to earning
2024-09-05 15:07
$1bil market cap but cash RM600mil!!! crazy company. Just interest income one year already RM20mil++!!!
2024-09-10 20:00
The can easily afford more dividends, but guess management is conservative. Very little info out there about this company and their business.
2024-09-12 15:58
Hard to say as business is dependent on one major customer, not sure what is their moat. Also depends on what they do with the cash. If more of it comes out as dividends or share buy back and assuming business goes on as usual, will be worth more.
2024-09-13 18:56
Don't need to say target price like broker..it's a waste of time. The biz is very simple and it's benefit from trade diversion. Do remember Magni is just one of the many supplier to Nike and it doesn't matter.. they have been doing this for so long.
2024-09-13 22:09
Best gauge for this kind of business is DDM. Assume it continue to pay 4 cents every quarter (annualise) and discount it by 5% yield. That will be will roughly the price that i will pay to take over the whole co. This co is a turtle co and not suitable for goreng kaki. So dont need to look at here.
2024-09-13 22:13
I will not be surprised if they are going to announce dividend of 20 sen per share anytime soon
3 weeks ago
I have said that in one week ago that Magni is going to announce 20 sen per share and guess what my dream really come true. To very much
2 weeks ago
Hi Najib, why you would have thought that MAGNI is going to announce special dividend a week ago? Any hints?
2 weeks ago
it's an amazing business...cash rich, debt free. Most importantly, you should pay attention to its free cash flow!
2 weeks ago
Amazing...deposit rates went higher again above 4%. That should enough to anchor the interest income for another year!
1 week ago
observatory
For Q2, check the AGM minutes and key matters discussed at its website. Under corporate governance.
The company explains “These are prepayments to suppliers which have been settled
after the end of FYR 2023.”
However, when I refer to Note 9, there is a separate item for prepayments. I don’t understand the difference.
2024-06-25 17:49